What’s Ahead for TransDigm Group Incorporated After Today’s Bearish Options Activity?

 What's Ahead for TransDigm Group Incorporated After Today's Bearish Options Activity?

In today’s session TransDigm Group Incorporated (TDG) recorded an unusually high (889) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious TDG decrease. With 889 contracts traded and 2004 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: TDG161216P00240000 closed last at: $3.7 or 89.7% up. About 23,589 shares traded hands. TransDigm Group Incorporated (NYSE:TDG) has risen 9.53% since April 20, 2016 and is uptrending. It has outperformed by 4.98% the S&P500.

TransDigm Group Incorporated (NYSE:TDG) Ratings Coverage

Out of 13 analysts covering Transdigm Group Incorporated (NYSE:TDG), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. Transdigm Group Incorporated has been the topic of 25 analyst reports since August 4, 2015 according to StockzIntelligence Inc. As per Tuesday, November 15, the company rating was downgraded by Wellington Shields. The firm has “Buy” rating given on Tuesday, November 15 by Deutsche Bank. The stock of TransDigm Group Incorporated (NYSE:TDG) earned “Sector Weight” rating by KeyBanc Capital Markets on Wednesday, April 13. The rating was maintained by Barclays Capital on Wednesday, August 10 with “Overweight”. The company was downgraded on Tuesday, September 1 by Zacks. The firm has “Hold” rating given on Monday, September 7 by Zacks. The company was upgraded on Wednesday, June 29 by KeyBanc Capital Markets. Robert W. Baird initiated TransDigm Group Incorporated (NYSE:TDG) rating on Thursday, October 6. Robert W. Baird has “Outperform” rating and $341 price target. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, August 10. JP Morgan downgraded TransDigm Group Incorporated (NYSE:TDG) on Wednesday, December 16 to “Neutral” rating.

According to Zacks Investment Research, “TransDigm Group, through its wholly-owned subsidiaries, including TransDigm Inc., is a leading global designer, producer and supplier of highly engineered components for use on nearly all commercial and military aircraft in service today.”

Insitutional Activity: The institutional sentiment decreased to 0.76 in 2016 Q2. Its down 0.53, from 1.29 in 2016Q1. The ratio turned negative, as 32 funds sold all TransDigm Group Incorporated shares owned while 120 reduced positions. 68 funds bought stakes while 128 increased positions. They now own 52.79 million shares or 7.22% less from 56.90 million shares in 2016Q1.
Gulf National Bank (Uk) last reported 15,859 shares in the company. Massachusetts Fincl Com Ma holds 120,936 shares or 0.02% of its portfolio. Scotia Cap Inc accumulated 1,252 shares or 0.01% of the stock. Etrade Capital Management Limited Liability has invested 0.01% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Moreover, Los Angeles Capital Equity Research Inc has 0.03% invested in TransDigm Group Incorporated (NYSE:TDG) for 12,646 shares. Ibm Retirement Fund holds 0.06% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 5,938 shares. The New York-based Blue Ridge Cap Ltd Liability Corp has invested 3.59% in TransDigm Group Incorporated (NYSE:TDG). Douglass Winthrop Advisors Ltd Llc last reported 85,883 shares in the company. Manufacturers Life Ins The holds 0.1% or 255,196 shares in its portfolio. Cibc Asset Mngmt has 0.01% invested in the company for 5,605 shares. Oxford Asset holds 0.28% or 25,866 shares in its portfolio. Thompson Davis, a Virginia-based fund reported 234 shares. Third Point Ltd Liability Com, a New York-based fund reported 1.13 million shares. Washington Tru accumulated 0.01% or 385 shares. Eulav Asset Mngmt, a New York-based fund reported 36,500 shares.

Insider Transactions: Since May 27, 2016, the stock had 0 insider buys, and 13 selling transactions for $65.27 million net activity. On Monday, June 13 the insider Leary John F sold $5.39M. The insider Palmer Peter sold $5.78M. Henderson Robert S also sold $2.66M worth of TransDigm Group Incorporated (NYSE:TDG) on Wednesday, June 1. Iversen Bernt G II sold 10,000 shares worth $2.79 million. Valladares Jorge sold $2.54M worth of stock. The insider Jones Roger sold $2.14 million. Another trade for 100,000 shares valued at $26.50M was made by Howley W Nicholas on Wednesday, June 8.

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. The company has a market cap of $13.51 billion. The Firm operates through three divisions: Power & Control, Airframe and Non-aviation. It has a 24.22 P/E ratio. The Company’s Power & Control segment includes activities that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

TDG Company Profile

TransDigm Group Incorporated (TransDigm), incorporated on July 8, 2003, is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Firm operates through three divisions: Power & Control, Airframe and Non-aviation. The Firm designs, produces and supplies aerospace components (and certain systems/subsystems) with aftermarket content. The Firm focuses to develop customized products to solve specific needs for aircraft operators and manufacturers. The Firm maintains approximately 50 manufacturing facilities.

More notable recent TransDigm Group Incorporated (NYSE:TDG) news were published by: Investorplace.com which released: “Transdigm Group Incorporated (TDG) Stock: The Sky’s the Limit” on November 11, 2016, also Prnewswire.com with their article: “TransDigm Group Reports Fiscal 2016 Fourth Quarter and Year-End Results” published on November 14, 2016, Fool.com published: “Why TransDigm Group Incorporated’s Shares Popped 11% Today” on May 10, 2016. More interesting news about TransDigm Group Incorporated (NYSE:TDG) were released by: Prnewswire.com and their article: “TransDigm Group Incorporated Completes Tender Offer For Shares Of Breeze …” published on January 04, 2016 as well as Profitconfidential.com‘s news article titled: “TransDigm Group Incorporated: Is TDG Stock About to Surge?” with publication date: September 15, 2016.

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